1.24.2014

We had no idea

Fined Billions, JPMorgan Chase Will Give Dimon a Raise - NYTimes.com

"A year after an embarrassing trading blowup led to millions of dollars being docked from Jamie Dimon’s paycheck, the chairman and chief executive of JPMorgan Chase is getting a raise.

…The raise — the details were not made public on Thursday — follows a move by the board last year to slash Mr. Dimon’s compensation by half, to $11.5 million."

Imagine having to live on half your income for a whole year. 

L'horreur!

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